Are there Cuevas that allow me to exchange USDC stable coins for pesos?

[Fiscal]

I opened a Kraken (US user) account from here in Argentina. The downside is that as US user, you don't get access to a lot of alt coins.

 

[jlynch]

why not just use Coinbase or another US exchange?

you can but you will pay more in transaction fees. (can also effect transaction times too)
It depends on the blockchains that the exchanges support for particular coins.

In the case of USDT (tether stablecoin), coinbase only handles ERC20 addresses (ethereum blockchain) which has a transaction fee of like 14USD. Binance supports TRC20 addresses on the tron blockchain which has a 1 USD transaction fee.

Its the same for USDC. It was designed to run on the Ethereum, Stellar, Algorand, Solana, Tron and Hedera Hashgraph system. But coinbase only supports Ethereum blockchain ERC20 addresses.

see the caveats in coinbased listed here

https://help.coinbase.com/en/coinbase/getting-started/crypto-education/usd-coin-usdc-faq

https://help.coinbase.com/en/coinbase/getting-started/crypto-education/USDT

 

[Dougie]

Yes, good question. I’m not sure. Binance I think is one of the more popular ones and might have more options and features, but there are other US exchanges too.

Which features do you need? Binance sells more shitcoins that is their advantage. If you need to send USDC, you can use FTX or Coinbase.

 

[Sequoia1321]

Which features do you need? Binance sells more shitcoins that is their advantage. If you need to send USDC, you can use FTX or Coinbase.

Don’t know much about Binance options/features actually.

 

[Dougie]

Don’t know much about Binance options/features actually.

Unless you want to buy obscure coins and trade perps on leverage, I'd stick with coinbase.

 

[sts7049]

bittrex is good too

 

[Fiscal]

Any good cueva recommendations?

 

[Rich One]

Any good cueva recommendations?

Once again Exchange Place on Sta. Fe 2349 open Saturdays till 3 pm. Each day they raffle a price of 1 MM Ars. per each transaction. Cash 100 US at a time..!
No connection with this business

 

[Che1990]

I use DolarPalermo (look them up on Instagram) for USDT to USD cash.

They charged me 1.8% last time, but there have been months where the charge is as low as 0.5%. (Recently the fee has been high due to the cash part of the blanqueo).

They also charge $5k delivery.

But the service is outstanding, they deserve it. I order via WhatsApp and it arrive within a few hours and, if request it, they guarantee me the blue cara grande notes.

I believe they do USDT for pesos, but last time I enquired the minimum amount was $500.

There is also ExpressCoin in Plaza Serrano, they exchange USDT for pesos cash in person, but charged 3% last time and the dollar blue rate not the p2p crypto rate.